Bitcoin rises with US stock futures
- Quant
- Trencher
- Media
Bitcoin reached $83,000 and ETH rose alongside US stock futures as fears of an October 19 “Black Monday” eased.
Bitcoin reached $83,000 and ETH rose alongside US stock futures as fears of an October 19 “Black Monday” eased.
Bitcoin reclaimed $83,000 as analysts flagged a bullish RSI divergence on its 12-hour chart and a falling-wedge breakout on the four-hour chart.
Spot Bitcoin ETFs recorded $228.6 million in net outflows during October 12–16. BlackRock's IBIT accounted for $165.5 million of the withdrawals.
INJ finished the week in the green even as most top-100 coins fell. Bitcoin lost 1.8% and ETH fell 4.8% over the week.
Machi Big Brother sold gold BAYC #197 to Adam Weitsman through GrailsOTC. His liquidation losses reportedly reached $36 million.
JPMorgan expanded its dollar-denominated JPM Coin deposit token to Ethereum for institutional clients, enabling round-the-clock transfers settled in seconds. JPMD first launched on Base last year.
Only 4.4% of bitcoin aged six to twelve months that moved over the past 30 days went to exchanges, suggesting those buyers have eased selling. Broader 30-day demand remains negative despite recent whale accumulation.
Papertrade reportedly closed a day with $2.1 million in staking revenue. Some users are taking delta-neutral positions to farm PAPER rewards tied to trading losses.
Pump.fun says referrers and referred users must trade to receive deposit matches of up to $50 each. It says the requirement aims to retain active users.
Pons revenue fell 67%, from $1.57 million to $502,000. Wallet 0xD273 sold its entire 4.85 million PONS position, worth $1.24 million.
Nine crypto firms formed the Quantum Alliance to develop post-quantum cryptography standards. They estimate 6.04 million BTC could face quantum attacks if computing power catches up, though no machine can currently crack those keys.
USDT dominance remained firm through the weekend, leaving Bitcoin and Ether at risk of another drop. Ted Pillows forecasts a quick flush followed by a rally to new local highs.
MSCI adopted a rule excluding non-operating companies, and Strategy shares fell about 9.6% in the next session. The final deletion list is due November 11, with JPMorgan estimating roughly $2.8 billion in potential passive outflows.
Wallets linked to MARA deposited 1,000 BTC worth $82.8 million into Binance and Gate over five days. The transfers suggest a possible sale, but do not establish that the Bitcoin was sold.
A Papertrade user reports being blocked from opening a leveraged Bitcoin short because open interest was capped. Another trader estimates $107 million in net long exposure against less than $3.4 million in House Funds, warning that gains could exhaust those funds before the LP-based emergency trigger activates.
Vitalik Buterin proposed moving heavy cryptography to users' devices and having Ethereum verify aggregated STARK proofs. His EIP-8288 approach could support new cryptographic schemes without adding more precompiles.
Rubio linked Trump's October 16 waiver on Russian oil purchases, lasting 60 days, to a possible US-India trade deal. Oil prices have eased, which could help rate-cut prospects and crypto, though Hormuz shipping disruptions persist.
BAYC collectors are claiming and opening Mudwater digital card packs. One collector claimed 10 packs containing 100 cards, and another pulled a foil Book of Apes card.
Solana ranks first in app revenue across daily, weekly and monthly periods. Its apps generated roughly 12 times Robinhood Chain's app revenue over 24 hours.
Nine companies, including CoreWeave and Broadcom, have objected to their shares trading as tokens on OKXICE. Their opt-outs block trading under the SEC exemption at that venue; other venues have separate notice processes.
TxFlow traders expect the first Season 1 points drop on October 18, with Season 0 points still pending. Season 1 allocates 1.25 million points a week to perpetual traders.
Traders describe SOL as retesting a broken year-long downtrend, with short liquidity between $108 and $125. They place support below $100.
Bitget is closing accounts for some users in Russia and Belarus, with some barred from opening new trades and given until October 21 to withdraw. The exchange remains operational, with affected users receiving account-specific notices.
An attacker exploited weak wallet seeds to drain about 2.94 trillion QU from 1,404 wallets, prompting Qubic to halt transactions. Qubic froze 87.1% of the stolen funds onchain, and MEXC froze the receiving account for the rest.
World packaged its World ID app, Zoom deepfake check and AI-agent tools into an offering for banks and financial firms. The Zoom check is generally available, with OpenExchange, Bain Capital, VanEck Funds and Outtake exploring banking uses as design partners.